Due Date Calculation for Payable Documents Using Credit Terms

The table below explains how the due date is calculated when you create payable invoices and payable credit notes depending on whether there are credit terms defined in the following records:

• Multiple companies account config
• Account

The calculation process considers the records following the order above.

The following conditions apply to all the scenarios included in the table:

• The Accounting Foundation Credit Terms Feature Console feature is not enabled.
• The Use Multiple Companies Configuration field in the Accounting Settings custom setting is selected.

The "Multi-Account Credit Terms Record Is Incorrectly Populated" column refers to the scenario when only the Description 1 or the Discount 1 fields, or none of the fields on the multi-account credit terms record related to the multiple companies account configuration are populated.

The "Credit Terms Are Specified on the Account Record" column refers to the scenario when the Base Date 1 and Days Offset 1 fields are populated on the account record.

Due Date Calculation for Payable Documents

Multiple Companies Account Config Record Exists	Multi-Account Credit Terms Field Is Populated on Multiple Companies Account Config Record	Multi-Account Credit Terms Record Is Correctly Populated	Credit Terms Are Specified on the Account Record	Due Date is Calculated Based on
Yes	Yes	N/A	N/A	Multi-account credit terms
Yes	No	N/A	Yes	Account credit terms
Yes	Yes	No	Yes
Yes	Yes	No	No	You receive an error when you try to create a document because credit terms must be specified in either the multiple companies accounts config or the account.
Yes	No	N/A	No
No	N/A	N/A	Yes	Account credit terms
No	N/A	N/A	No	You receive an error when you try to create a document because credit terms must be specified in either the multiple companies accounts config or the account.